Hungary: Vulcanised Rubber Erases Market 2024

Vulcanised Rubber Erases Market Size in Hungary

In 2022, the Hungarian vulcanised rubber erases market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption continues to indicate a mild expansion. Vulcanised rubber erases consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Vulcanised Rubber Erases Exports

Exports from Hungary

Vulcanised rubber erases exports from Hungary surged to X tons in 2022, growing by X% against the previous year. In general, exports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, vulcanised rubber erases exports shrank to $X in 2022. Over the period under review, exports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Romania (X tons) was the main destination for vulcanised rubber erases exports from Hungary, with a X% share of total exports. Moreover, vulcanised rubber erases exports to Romania exceeded the volume sent to the second major destination, Slovakia (X tons), fourfold. Croatia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Romania stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and Croatia (X% per year).

In value terms, Romania ($X) emerged as the key foreign market for erasers of vulcanised rubber exports from Hungary, comprising X% of total exports. The second position in the ranking was taken by Slovakia ($X), with a X% share of total exports. It was followed by Serbia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Romania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and Serbia (X% per year).

Export Prices by Country

In 2022, the average vulcanised rubber erases export price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Erases Imports

Imports into Hungary

In 2022, supplies from abroad of erasers of vulcanised rubber increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, imports continue to indicate a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, vulcanised rubber erases imports surged to $X in 2022. Over the period under review, imports enjoyed a resilient expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest vulcanised rubber erases supplier to Hungary, accounting for a X% share of total imports. Moreover, vulcanised rubber erases imports from China exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The Czech Republic (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and the Czech Republic (X% per year).

In value terms, China ($X) constituted the largest supplier of erasers of vulcanised rubber to Hungary, comprising X% of total imports. The second position in the ranking was taken by Slovakia ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The average vulcanised rubber erases import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the import price recorded a pronounced shrinkage. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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